RWE Aktiengesellschaft / Payout 18.09.2008 Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- The Executive Board of RWE Aktiengesellschaft decided today that the prospective increase in the dividend payout ratio will no longer depend on the successful placement of a majority of shares in American Water. The dividend proposal of the Executive Board for fiscal 2008 will thus be based on a payout ratio of 70-80% of recurrent net income, irrespective of the deconsolidation of American Water. RWE still intends to place a majority of shares in American Water by the end of the year. RWE Aktiengesellschaft The Executive Board DGAP 18.09.2008 --------------------------------------------------------------------------- Language: English Issuer: RWE Aktiengesellschaft Opernplatz 1 45128 Essen Deutschland Phone: +49 (0)201 12-00 Fax: +49 (0)201 12-15199 E-mail: contact@rwe.com Internet: www.rwe.com ISIN: DE0007037129, DE0007037145 WKN: 703712, 703714 Listed: Regulierter Markt in Frankfurt (Prime Standard), Düsseldorf; Freiverkehr in Berlin, Hannover, München, Hamburg, Stuttgart; Terminbörse EUREX; Foreign Exchange(s) SWX End of News DGAP News-Service ---------------------------------------------------------------------------
DGAP-Adhoc: RWE decouples increased payout ratio from the deconsolidation of American Water
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